7 ways to retain top talent:
1. Recognition
People who do good work like to be told that they're doing good work. Some like positive feedback in public, others like it in private, and some prefer to be recognized with pay/promotions. Figure out which of those they like, and deliver them.
2. Pay
This is simple. The more you pay people, the less they'll want to explore other options.
3. Growth
Growth is a close cousin of pay. People generally like to get promotions too, not just pay. It makes them feel like they're progressing in their career.
4. Autonomy
Never micromanage. Give direction, then let people do their thing. Autonomy is underrated, especially for top talent.
5. Remote Work
Having a remote option is one of the top requests of top talent these days. Whether you like that or not, it's true.
6. Benefits
Pay comes first, but benefits like insurance quality matter too. Don't sleep on them.
7. Culture
This is hard to define, but the culture and vibe of your workplace matter. Remove all toxicity, and make it a great place to work and grow.
Which of those is most important to you?